Global Acrylic Resin Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Raw Material, Thermoplastic and Thermosetting Comparison and Bio-Based Acrylic Resins.

By Property;

Thermoplastics, and Thermosetting.

By Application;

Paints and Coatings, Construction , Industrial and Commercial, Paper and Paperboard, Textile and Fibers and Plastics Market.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn134854987 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Acrylic Resin Market (USD Million), 2021 - 2031

In the year 2024, the Global Acrylic Resin Market was valued at USD 20,479.86 million. The size of this market is expected to increase to USD 29,398.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global acrylic resin market is a significant segment within the broader chemical industry, characterized by the production and application of acrylic resins derived from acrylic acids. These resins are renowned for their versatility, offering properties such as clarity, durability, and resistance to UV light, which make them ideal for a wide range of applications. The market encompasses various types of acrylic resins, including solutions, emulsions, and dispersions, each catering to different industrial needs.

Driven by the growing demand in key end-use sectors such as automotive, construction, and consumer goods, the acrylic resin market has witnessed substantial growth. In the automotive sector, acrylic resins are utilized in coatings and adhesives to enhance the durability and aesthetic appeal of vehicles. The construction industry benefits from acrylic resins in the form of paints, sealants, and coatings that provide protection and longevity to building materials.

Technological advancements and innovations play a pivotal role in shaping the acrylic resin market. The development of eco-friendly and high-performance acrylic resins has led to improved formulations that cater to specific requirements, such as low volatile organic compound (VOC) content and enhanced weather resistance. These innovations not only address environmental concerns but also expand the potential applications of acrylic resins in various industries.

Geographically, the acrylic resin market is diverse, with significant contributions from regions such as North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific, in particular, stands out as a prominent growth driver due to its rapidly expanding industrial base and increasing infrastructure projects. The market's future growth will be influenced by factors such as regulatory changes, economic conditions, and the ongoing quest for sustainable and high-performance materials.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Property
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Acrylic Resin Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Automotive
        2. Expanding Construction Sector
        3. Increasing Use in Consumer Goods
      2. Restraints
        1. Volatile Raw Material Prices
        2. Stringent Environmental Regulations
        3. High Production Costs
      3. Opportunities
        1. Advancements in Coating Technologies
        2. Rising Demand in Electronics
        3. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Acrylic Resin Market, By Type, 2021 - 2031 (USD Million)
      1. Raw Material
      2. Thermoplastic and Thermosetting Comparison
      3. Bio-Based Acrylic Resins
    2. Global Acrylic Resin Market, By Property, 2021 - 2031 (USD Million)
      1. Thermoplastics
      2. Thermosetting
    3. Global Acrylic Resin Market, By Application, 2021 - 2031 (USD Million)
      1. Paints and Coatings
      2. Construction
      3. Industrial and Commercial
      4. Paper and Paperboard
      5. Textile and Fibers
      6. Plastics Market
    4. Global Acrylic Resin Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Dow Chemical Co.
      3. Arkema S.A.
      4. Air Products and Chemicals, Inc.
      5. Nippon Shokubai Co., Ltd.
      6. Formosa Plastics Corporation
      7. Mitsubishi Chemical Holdings Corporation
      8. Dic Corporation
      9. Momentive Specialty Chemicals Inc.
      10. Hitachi Chemical Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market